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Box Breaks New Ground: Doubles Free Plan to 10GB and Launches $5 Plan to Bring the Enterprise Cloud to Businesses of All Sizes

New Plans Make It Easier Than Ever for Businesses to Move Their Content to the Cloud

LOS ALTOS, CA--(Marketwired - Aug 21, 2013) - Box today announced that it is doubling its Personal offering to include 10GB of free storage and launching an all-new Starter plan tailored to small businesses that offers 100GB for $5/user. Building on Box's success in the enterprise with major customers such as Discovery Communications, Procter & Gamble, and AutoTrader Group, the new plans make it easier than ever for businesses of all sizes to move their content to the cloud.

"We're focused on removing any and all barriers to cloud adoption," said Aaron Levie, co-founder and CEO, Box. "More than ever before, the economy today is driven by information and collaboration. Whether you're a global corporation, a small business, or a freelancer, the key to competing is being able to securely share, manage and access your content anywhere, on any device. These new plans make the cloud more accessible than ever before."

Today, more than 20 million individuals and 180,000 businesses use Box to share and manage their content in the cloud, with Box users at 97 percent of the Fortune 500. Box pioneered freemium cloud adoption in the enterprise with its Personal plan introduced in 2006. Since then, its ease of use has fueled adoption at businesses globally. Box grew sales more than 150 percent in its most recent fiscal year (FY2013) and is on pace to more than double sales again in the current year (FY2014). The company was also recently named a leader by both Forrester Research ("The Forrester Wave™: File Sync and Share Platforms, Q3 2013."1) and Gartner, Inc. ("MarketScope for Enterprise File Synchronization and Sharing"2) for file sync and sharing.

New PlansBox's new plans offer a variety of features and capabilities designed to fit the needs of any individual or organization:

Personal (Free): Expanded 10GB of free storage for Personal accounts.

Starter ($5/month): 100GB of pooled storage and a 2GB file size limit to make it easy for SMBs and small teams of up to 10 users get started on Box.

Business ($15/user/month): 1000GB of storage and a 5GB file size limit, as well as one (1) premium enterprise application integration (such as Active Directory or Salesforce.com), basic admin console functions, and device pinning for added security.

Elite (price available on request): Includes the features of the Enterprise plan, as well as the highest level of Box support, a free test environment, and unlimited use of the Box Content API for custom internal apps.

BoxWorks 2013Box's third annual BoxWorks conference will take place on September 15-17th 2013 at the Hilton Union Square in San Francisco. The two day industry event features important updates from Box and conversations with leading independent thinkers on the evolving dynamics of business, government, technology and society.

Box CEO Aaron Levie, Malcolm Gladwell, Nicholas Carr, Geoffrey Moore, Gavin Newsom, and Adrian Fenty will lead a variety of keynotes and panel discussions. In addition, IT strategists and CIOs from Box customers such as Rosetta Stone, Schneider Electric and Duke Energy will offer insights on how technology is shaping their businesses and future strategy. The conference closes with a Blink-182 concert.

About BoxBox's mission is to make businesses of all sizes more productive, competitive, and powerful by connecting people and their most important information. Content on Box can be securely shared and easily accessed on the web, through iOS, Android and Windows Phone applications, and extended to partner applications, such as Google Apps, NetSuite and Salesforce. Headquartered in Los Altos, CA, Box is privately held and backed by Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher Jurvetson, Emergence Capital Partners, General Atlantic, Meritech Capital Partners, NEA, Scale Venture Partners, and U.S. Venture Partners, as well as by strategic investors salesforce.com, SAP Ventures and Intel Ventures. To learn more about Box, visit www.box.com.